striebs said
The bottom line is nobody really makes any real money at current oil prices with light tight oil or EOR so this is an example of snapping up an asset for the future .
One still must ask the question of why they are selling if the asset is so good ?
That last question could be directed to Brad Lingo
News: ELK Elk Petroleum to acquire Aneth oil field & CO2 EOR production project, page-6
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